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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 7 - Agriculture |
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Subtitle B - Regulations of the Department of Agriculture |
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Chapter IV - Federal Crop Insurance Corporation, Department of Agriculture |
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Part 425 - PEANUT CROP INSURANCE REGULATIONS FOR THE 1993 THROUGH 1998 CROP YEARS |
§ 425.2 - Premium rates, production guarantees, coverage levels, and prices at which indemnities will be computed.
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(a) The Manager will establish premium rates, production guarantees, coverage levels, and prices at which indemnities will be computed for peanuts which will be shown on the actuarial table on file in applicable service offices and which may be changed from year to year.
(b) At the time the application for insurance is made, the applicant will elect a coverage level and price at which indemnities will be computed from among those levels and prices contained in the actuarial table for the crop year.